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NEW DELHI: In a move aimed at 'cleaning the political space', the Election Commission on Thursday initiated proceedings for delisting 345 regisered unrecognised political parties (RUPPs) that had failed to fulfil the statutory obligation of contesting even a single election in the last six years and the offices of which could not be located at the address mentioned in their registration documents.These 345 RUPPs are registered in different states and Union territories across the country.The Comm ...Read More >
New Delhi [India], June 26 (ANI): The Supreme Court on Thursday highlighted a lacuna over the management of administrative records and issued guidelines for retention and disposal of documents to create accountability and efficiency across all registry wings. Chief Justice of India BR Gavai, in a message, said that over the years, the registry of the Supreme Court has witnessed a significant increase in the volume and diversity of administrative records generated across multiple branches. CJI ...Read More >
Berhampur: Clerk of a bank, Digapahandi branch, was arrested on Thursday for alleged misappropriation of around Rs 70 lakh from customers' accounts in the last 5 to 6 months. The accused, S.Priyam Pratham Sabat (28), allegedly transferred the funds from customers' accounts to some other suspicious accounts without the knowledge of the account holders. The accused was entrusted with money transfer and ledger posting, among other work in the bank, police sources said. Police registered a case agai ...Read More >
New Delhi: The Central Consumer Protection Authority (CCPA) has given all e-commerce companies three months to audit their websites and apps for "dark patterns" -- deceptive design tactics that nudge or trick shoppers into unintended purchases or disclosures. Officials added that show-cause notices have already gone out to several unnamed platforms found flouting the agency's 2023 guidelines, which identified 13 specific dark patterns like false urgency, basket sneaking, confirm shaming, forced ...Read More >
New Delhi, Jun 6 (PTI) Central Consumer Protection Authority (CCPA) has directed e-commerce platforms to conduct self-audits within three months to identify and eliminate "dark patterns", deceptive design practices that mislead consumers into unintended actions. The Consumer Affairs Ministry on Saturday said all e-commerce platforms must examine their interfaces for practices that undermine consumer choice or constitute unfair trade practices. "All e-commerce platforms have been advised to con ...Read More >
New Delhi [India], June 7 (ANI): Delhi police have lodged an FIR against anti-social elements involved in spreading misinformation about the demolition drive on the basis of a complaint filed by the Delhi Urban Shelter Improvement Board (DUSIB), a release said. Chief Minister Rekha Gupta had earlier issued an order to take strict legal action against those spreading misinformation about the demolition drive. Also Read | Indus Waters Treaty Suspension: Desperate Pakistan Wrote 4 Letters to Indi ...Read More >
Hyderabad: Deposing before the Justice (retd) PC Ghose one-man commission inquiring into alleged irregularities in Kaleshwaram project, former BRS finance minister (now BJP MP) Eatala Rajender said the decision on redesigning the project and location of the three barrages - Medigadda, Annaram and Sundilla - was taken by the cabinet led by CM K Chandrasekhar Rao, and he had limited role as finance minister.Rajender, who was witness no. 113, told the panel that the project cost, loans, auditing an ...Read More >
Kota, Jun 6 (PTI) A relationship manager in an ICICI bank branch in Kota allegedly swindled around Rs 4.58 crore from customers' accounts only to lose the lot of it in the stock market, police on Friday said. She was arrested last week and is currently under judicial custody, they said. Also Read | Bengaluru Stampede: Police Complaint Lodged Against Virat Kohli Over Stampede Tragedy Near Chinnaswamy Stadium. The accused, Sakshi Gupta, was posted as a relationship manager at ICICI Bank's DCM b ...Read More >
MUMBAI: The Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday said fraud-hit IndusInd Bank is "doing well" now, and added that the resignation of MD and CEO Sumant Kathpalia should be seen as a "good enough" step from an accountability perspective. Speaking to reporters at the monetary policy press conference, Malhotra said that the bank has taken sufficient steps to improve its accounting practices. "The MD and CEO of the bank resigned, owning moral responsibilities. So, I though ...Read More >
Mumbai: The Reserve Bank of India (RBI) on Friday said IndusInd Bank has taken sufficient steps to address improve its accounting practices, with governor Sanjay Malhotra noting that the bank is doing well overall. The remarks signalled regulatory comfort with the lender's actions so far, pushing its shares up over 5%. The RBI's comments come nearly three months after IndusInd Bank disclosed issues in its derivatives book, which triggered a 27% crash in its shares. Since then, the bank has seen ...Read More >
Mumbai, Jun 6 (PTI) Reserve Bank Governor Sanjay Malhotra on Friday said fraud-hit IndusInd Bank is "doing well" now, and added that the resignation of MD and CEO Sumant Kathpalia should be seen as a "good enough" step from an accountability perspective. The RBI also said the bank has complied with all the regulatory asks over the turbulent period. "The MD and CEO of the bank resigned, owning moral responsibilities. So, I thought that should be good enough. Do you expect that all the board mem ...Read More >
Mumbai, Jun 6 (PTI) Reserve Bank Governor Sanjay Malhotra on Friday said fraud-hit IndusInd Bank is "doing well" now, and added that the resignation of MD and CEO Sumant Kathpalia should be seen as a "good enough" step from an accountability perspective. The RBI also said the bank has complied with all the regulatory asks over the turbulent period. "The MD and CEO of the bank resigned, owning moral responsibilities. So, I thought that should be good enough. Do you expect that all the board mem ...Read More >
June 6 (Reuters) - Shares of India's IndusInd Bank (INBK.NS), opens new tab rose as much 5.3% on Friday after a deputy governor at the country's central bank said "things should settle down soon" at the lender, which has grappled with accounting lapses. IndusInd said in March that years of incorrect accounting of internal derivative trades led to a $230 million hit to its accounts for the financial year ended March 31. Separately, an internal audit of its microfinance business found that aroun ...Read More >
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches ...Read More >
Haridwar: A woman politician has been arrested for allegedly letting her boyfriend and others repeatedly rape her 13-year-old daughter in Haridwar, Uttarakhand. The horrifying crime, which occurred between January and March, was exposed when the minor bravely confided in her father, prompting a police investigation that led to the arrest of the accused. The accused was arrested with her boyfriend and one more. According to police reports, the minor was gang-raped multiple times, often in the pr ...Read More >
New Delhi: Delhi govt has imposed a strict ban on direct purchases and cart-based procurement through the Government e-Market (GeM) portal for hospitals. The administration clarified that no healthcare facility or institution has the authority to make cart purchases or initiate bidding independently.The order emphasised that any non-compliance with these guidelines will face serious consequences, potentially leading to disciplinary or legal proceedings as determined by the relevant authority.The ...Read More >
New Delhi: The Delhi government has barred hospitals in the national capital from buying medical devices, consumables, equipment and machinery directly, asking them to make all purchases exclusively through the government's e-procurement process. "Direct purchases or cart-based procurement on the GeM (Government-eMarketplace) portal by hospitals are strictly prohibited," the state health ministry said in an order, warning disciplinary or legal action in case of any deviation. The government's ...Read More >
New Delhi, May 22 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) is investigating possible violations in the IndusInd Bank case, following the bank's disclosure of suspected fraud and concerns over insider trading, SEBI Chairman Tuhin Kanta Pandey said here on Thursday. He said that while the Reserve Bank of India (RBI) is looking into the accounting discrepancies, SEBI is also doing its part as per its authority. While addressing the media on the sidelines of Assocham's '1 ...Read More >
Lucknow (Uttar Pradesh) [India], January 21 (ANI): Ahead of the meeting of the Joint Parliamentary Committee (JPC) on Waqf Amendment Bill in Lucknow today, Rajya Sabha MP and JPC member Brij Lal said that this meeting is the last phase of the field visits and all the stakeholders of Shia and Sunni Waqf Boards and the Minority Commission will participate in the meeting. He added that the JPC will take suggestions from all the stakeholders and then the JPC chairman Jagdambika Pal will submit the ...Read More >
Bengaluru : TPCODL, a joint venture of Tata Power and the Government of Odisha, has unveiled a state-of-the-art Power Distribution Technology Centre in Bhubaneswar today, marking a transformative leap in distribution network management and operational excellence. The centre was inaugurated by Shri K. V. Singh Deo, Hon'ble Deputy Chief Minister, Government of Odisha, in the esteemed presence of the Shri Manoj Ahuja, Chief Secretary, Government of Odisha; Dr Praveer Sinha, CEO&MD, Tata Power; Mr ...Read More >
New Delhi, Dec 18 (PTI) The Centre's high-level panel on exam reforms has advised against permanent staffing in the National Testing Agency (NTA), instead recommending longer tenure for executives and domain experts with attractive service conditions. Under fire over alleged irregularities in the conduct of medical entrance exam NEET-UG and PhD entrance NET, the government set up the panel in July to study the functioning of the NTA. The Opposition had claimed that NTA operates with fewer than ...Read More >
New Delhi: Lieutenant governor VK Saxena has written to chief minister Atishi, asking for the convening of a special sitting of Delhi Assembly to allow the tabling of the pending CAG reports in the House. Saxena said that the session should be convened without delay to ensure adherence to the constitutional mandate. Last week, the LG approved the 14 pending reports of the Comptroller and Auditor General for tabling in the legislative body. Officials said that Delhi govt sent 12 of the CAG repor ...Read More >
New Delhi, Dec 18 (PTI) Delhi Lieutenant Governor VK Saxena has written to Chief Minister Atishi, slamming the AAP government over a "deliberate lapse" in tabling CAG reports in the assembly and advising her to summon a special session of the House on December 19 or 20 to do so. In his letter on Tuesday, Saxena alleged that there has been a "conscious and deliberate lapse" on the part of the elected government in presenting the 14 reports over the last two years. In normal course, a legislatur ...Read More >
New Delhi, December 4: In a significant move to enhance customer experience and protect citizens, the Lok Sabha on Wednesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees in their accounts. The higher number of nominees aims to reduce unclaimed deposits in banks. Finance Minister Nirmala Sitharaman said that depositors will have the option of successive or simultaneous nomination facility, while locker holders will have only succes ...Read More >
New Delhi [India], November 26: Presto Group is proud to initiate the India Quality Conclave 2024. Scheduled to take place on Nov 30th at Crowne Plaza, New Delhi. This exclusive gathering is a transformative platform for quality heads and industry leaders from the packaging, FMCG, and beverage sectors. Also Read | International Emmy Awards 2024 Winners: 'Drops of God', 'Division Palermo' and 'The Vow' Earn Major Honours! See the Full Winners List Here. The conclave will focus on key aspect ...Read More >
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